NOT LISTED FOR SALE

40 Colchester Rd New Providence, NJ 07974

Estimated Value: $974,000 - $1,341,000

4 Beds
3 Baths
2,606 Sq Ft
$461/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $949,000 $364 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,347/month

7 Days on Market

About This Home

As of April 2022

This home is located at 40 Colchester Rd, New Providence, NJ 07974 since 08 February 2022 and is currently estimated at $1,200,283, approximately $460 per square foot. This property was built in 1965. 40 Colchester Rd is a home located in Union County with nearby schools including New Providence High School and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Michele DiBenedetto

BHHS FOX & ROACH Brokerage Phone: 908-464-5200 Listed on: 02/08/2022

BHHS FOX & ROACH

Last Buyer's Agent

HUSSAIN AZIZ

EPIC PROPERTIES REAL ESTATE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,680

Year Built

  • Built in 1965

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,680

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Union
  • Street Number Display: 40
  • I D: 5124654
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-464-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .457 AC
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 18, 2022
Sold by
Better Real Estate Llc
Bought by
Ermakov Artem and Ermakova Natalie
Seller's Agent
Michele DiBenedetto
BHHS FOX & ROACH
Buyer's Agent
HUSSAIN AZIZ
EPIC PROPERTIES REAL ESTATE LLC
List Price
$929,000
Sold Price
$949,000
Premium/Discount to List
$20,000
2.15%
Current Estimated Value
$1,200,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,283
Avg. Annual Appreciation
7.30%
Original Mortgage
$819,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2022
Sold by
Ward and Bridget
Bought by
Ward Michael

Purchase Details

Closed on
Sep 5, 2017
Sold by
Kohut William T and Kohut Christine V
Bought by
Ward Michael and Ward Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2004
Sold by
Agrawal Vishwani
Bought by
Kohut William and Kohut Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ermakov Artem $949,000 Miles Alana S
Ward Michael -- Land Title
Ward Michael $795,000 None Available
Kohut William $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ermakov Artem $819,000
Previous Owner Ermakov Artem $819,000
Previous Owner Ward Michael $643,000
Previous Owner Ward Michael $682,500
Previous Owner Kohut William $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $949,000 +2.2% $364 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $929,000 +16.9% $356 / Sq Ft
01/05/2018 01/05/18 Sold $795,000 -7.5% $305 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $859,000 -- $330 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,680 $433,000 $230,300 $202,700
2023 $21,680 $433,000 $230,300 $202,700
2022 $21,382 $433,000 $230,300 $202,700
2021 $21,226 $433,000 $230,300 $202,700
2020 $21,217 $433,000 $230,300 $202,700
2019 $21,087 $433,000 $230,300 $202,700
2018 $20,979 $433,000 $230,300 $202,700
2017 $20,637 $433,000 $230,300 $202,700
2016 $20,347 $433,000 $230,300 $202,700
2015 $20,065 $433,000 $230,300 $202,700
2014 $19,762 $433,000 $230,300 $202,700
Source: Public Records

Agents Affiliated with this Home

  • Michele DiBenedetto

    Seller's Agent in 2022

    Michele DiBenedetto

    BHHS FOX & ROACH

    (908) 432-5603

    64 in this area

    93 Total Sales

    Michele DiBenedetto
    Section Image
  • HUSSAIN AZIZ

    Buyer's Agent in 2022

    HUSSAIN AZIZ

    EPIC PROPERTIES REAL ESTATE LLC

    (732) 439-3183

    1 in this area

    39 Total Sales

    HUSSAIN AZIZ
    Section Image

  • V

    Seller's Agent in 2018

    Victoria Carter

    WEICHERT REALTORS

    (973) 376-6748

    24 in this area

    502 Total Sales

    Victoria Carter
    Section Image

  • M

    Buyer's Agent in 2018

    Maura Elia

    PROMINENT PROPERTIES SIR

    (908) 273-8808

    2 in this area

    15 Total Sales

    Maura Elia
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3762819

Garden State MLS

APN: 11-00356-0000-00023

New Jersey Union County New Providence 07974

40 Colchester Rd, New Providence, NJ

This home is located at 40 Colchester Rd, New Providence, NJ 07974 since 08 February 2022 and is currently estimated at $1,200,283, approximately $460 per square foot. This property was built in 1965. 40 Colchester Rd is a home located in Union County with nearby schools including New Providence High School and The Academy of Our Lady of Peace.

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